Acquires New Stake in Adobe Systems Incorporated (NASDAQ:ADBE)

Sales reached $2.01 billion during the three-month period, compared to the average analyst estimate of $1.95 billion. The institutional investor held 80,641 shares of the prepackaged software company at the end of 2017Q3, valued at $12.03 million, down from 101,867 at the end of the previous reported quarter. Icm Asset Management Inc who had been investing in Clearsign Combustion Corp. for a number of months, seems to be bullish on the $34.33M market cap company. The volume of the company in the last trading session was 3.62 Million. Shares for $10.21M were sold by GARRETT MARK on Tuesday, February 6. HMS Holdings Corp. (NASDAQ:HMSY) has risen 13.44% since February 8, 2017 and is uptrending. It has underperformed by 1.26% the S&P500. The firm owned 131,598 shares of the software company's stock after acquiring an additional 4,000 shares during the quarter. On the stock's most recent trading day, the company's shares ended the regular session at $192.34, which is 5.92% lower than its 52-week high. The company's stock had a trading volume of 901,040 shares, compared to its average volume of 2,710,876.

Adobe Systems (NASDAQ:ADBE) last released its quarterly earnings data on Tuesday, June 20th. It has outperformed by 25.59% the S&P500. Its up 0.59, from 0.55 in 2017Q2. On Thursday, August 24 the insider Neuman Semone sold $366,543. $49,500 worth of Lakeland Financial Corporation (NASDAQ:LKFN) shares were bought by HIATT THOMAS. LUCIA WILLIAM C sold $597,880 worth of stock.

Caxton Associates Lp increased Select Sector Spdr Tr (Call) (XLK) stake by 500,000 shares to 700,000 valued at $41.37 million in 2017Q3. It also increased its holding in Kroger Co (NYSE:KR) by 86,800 shares in the quarter, for a total of 204,800 shares, and has risen its stake in Pioneer Nat Res Co (NYSE:PXD). Asset Mngmt has invested 0.05% in ClearSign Combustion Corporation (NASDAQ:CLIR). Therefore 80% are positive. Nvidia Corporation had 182 analyst reports since August 3, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ADBE in report on Sunday, September 3 with "Buy" rating. The rating was downgraded by JP Morgan to "Neutral" on Thursday, July 20. KeyBanc Capital Markets maintained the shares of CBT in report on Wednesday, September 6 with "Hold" rating. The firm has "Buy" rating given on Thursday, October 19 by Bank of America. The company was maintained on Friday, November 10 by Stifel Nicolaus. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with "Hold".

Investors sentiment decreased to 1.02 in Q3 2017. Its up 0.27, from 0.99 in 2017Q2. Laurion Mngmt LP invested in 35,748 shares. Boothbay Fund Llc reported 0.03% stake. 26,437 are held by Barclays Public Ltd Company. Washington Trust Bancshares accumulated 841 shares. Nationwide Fund has invested 0.01% in HMS Holdings Corp. Sumitomo Mitsui Asset holds 0.11% or 46,518 shares in its portfolio. Cap Counsel Limited Liability Corp Ny stated it has 4,273 shares or 0.06% of all its holdings. (NASDAQ:HMSY) for 11,460 shares. 837,438 are held by Rhumbline Advisers. Boston Ptnrs reported 0.59% of its portfolio in Energen Corporation (NYSE:EGN). (NASDAQ:HMSY) for 150,018 shares. Triangle Secs Wealth Management holds 6,849 shares or 0.61% of its portfolio. Deutsche State Bank Ag has 112 shares for 0% of their portfolio.

Since September 13, 2017, it had 1 insider buy, and 14 sales for $79.49 million activity. The insider Kress Colette sold 22,808 shares worth $4.23M. Finally, Pivotal Research reaffirmed a "hold" rating and set a $162.00 price objective (up from $160.00) on shares of Adobe Systems in a research report on Friday, December 15th. About 379,979 shares traded.


In the transaction dated January 31, 2018, the great number of shares disposed came courtesy the EVP & GM, Digital Media; Lamkin Bryan disposed a total of 30,000 shares at an average price of $199.08, amounting to approximately $5,972,400.

Among 38 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 9 Hold. Therefore 76% are positive. As per Thursday, August 31, the company rating was maintained by Robert W. Baird. The rating was maintained by Guggenheim on Tuesday, January 23 with "Buy". SunTrust downgraded the stock to "Neutral" rating in Tuesday, August 2 report. The firm earned "Outperform" rating on Tuesday, March 22 by iBERIA Capital Partners. The company was maintained on Thursday, November 2 by Jefferies. $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by WARNOCK JOHN E on Friday, October 20. Citigroup maintained it with "Buy" rating and $185 target in Friday, August 11 report. The firm has "Outperform" rating given on Wednesday, March 9 by Credit Suisse. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Piper Jaffray on Wednesday, September 20. As per Friday, December 11, the company rating was maintained by Wunderlich.

Investors sentiment increased to 1.14 in Q3 2017. The software company reported $1.26 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.16 by $0.10.

Several other institutional investors have also sold shares of the company. 41 funds opened positions while 81 raised stakes. Century Inc holds 0.45% or 2.98 million shares. Ally Finance accumulated 0.2% or 7,000 shares.

HM Payson & Co. grew its stake in shares of Adobe Systems Incorporated (NASDAQ:ADBE) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. On Wednesday, December 13 Lewnes Ann sold $338,846 worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 1,953 shares. Eagle Glob Advsr Limited Liability Corporation reported 3,385 shares. Cornerstone Cap Mgmt Hldg Limited Co holds 141,218 shares. Great West Life Assurance Communications Can, Manitoba - Canada-based fund reported 57,007 shares. Toronto Dominion Natl Bank invested in 0.1% or 202,153 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management has 0.06% invested in Cabot Corporation (NYSE:CBT) for 112,461 shares. Tru Co Of Vermont has 1,465 shares.

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